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How long does the co-signer have to stay on an auto loan?
A cosigner is obligated as long as the loan exisists. The loan must be paid off or refinanced into the primary borrower's name only to release the cosigner.
How long does the co signer have to stay on an auto loan?
A cosigner is obligated as long as the loan exisists. The loan must be paid off or refinanced into the primary borrower's name only to release the cosigner.
How long does a co signer stay on a student loan?
As long as the loan is in force (until the loan is paid off)
How long is the co-signer responsible for a car loan?
Typically for the duration of the loan.
If you are the primary signer on an auto loan lease who has bad credit and the co-signer goes bankrupt are you as the primary affected in any way even when you've made all payments?
The primary signer's credit will not be affected by the bankruptcy of the co-signer (as long as pmts are made on time). However, if the loan is relatively new, the lender may require the primary borrower to sign new papers providing a different co-signer.
How long after the borrowers death is the co signer liable on a loan?
Until the loan is paid.Until the loan is paid.Until the loan is paid.Until the loan is paid.
Can you take out a home equity line of credit with a cosigner?
Yes, as long as the co-signer is fully informed that if you stop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.
How long does a co-signer have to stay on an auto loan?
From my understanding it is until the loan is paid off or the other party refinances the loan. If you haven't already co-signed I would rethink the decision. It is a nightmare if the person you are co-signing for doesn't live up to their end of the bargain, even if it is family.
How long does the co-signer have to stay on an auto lease?
The co-signer is responsible until the lease expires or until a new lease is executed.
If the co-signer do not have enough credit after being the co-signer half year for a car loan because of the co-singer lose the job What will happen to the co-signer?
AnswerIf you have already been the cosigner on the loan, you will remain so until the loan is refinanced or paid in full. It doesn't matter if the cosigner has lost their job or not. As long as the person is making their payments, the cosigner isn't affected at all.Good luck job hunting cosigner! :)
How long after you voluntarily repo a vehicle must you wait before you can be financed to buy another one with a co-signer if your credit is good?
Until you apply for a loan and the lender gives you money. In other words, one day.
Can a primary signer on a car loan be a co owner on the refinance of that loan - My father is currently the primary and I am the co owner and I am making the payments and want a lower rate?
I don't see why not as long as the loan is in good standing, but you can never tell these days.
